SXP is the prominent cryptocurrency that powers The Swipe Wallet. Swipe is the software and a digital wallet ecosystem designed to allow the users to buy and spend virtual currencies as well as the fiat currencies. It also works on other services like savings accounts and credit cards.
Do you know? Swipe offers a host of cryptocurrency services such as multicurrency wallet, crypto debit card and many more.
In this article, let us try to understand in depth about the price prediction of Swipe for 2021 and beyond. At the end, all your thoughts will be clarified and you will have a clear picture whether Swipe is a good investment.
|Market cap||$ 362,137,845.0000|
|Circulating Supply||$ 86,412,603.7391|
|Trading Volume||$ 487,495,380.0000|
|All Time High||$ 5.7900 May 3, 2021|
|All Time Low||$ 0.1613 March 18, 2020|
Swipe ( SXP) Fundamental Analysis
Swipe Token is the utility based cryptocurrency originated to be the gas and fuel of the Swipe network. It is a Decentralized Finance platform that enables cryptocurrency financial products powered by SXP. Swipe provides a variety of products and services to its users. Swipe’s multi asset DeFi app allows the users to convert between cryptocurrencies, fiat currencies and stable coins. The Swipe token runs on the Ethereum network. It was founded by Joselito Lizarondo.
SXP Price Prediction 2021
SXP continued to trade at $0.74 during the start of January 2021. The price since then kept the bullish momentum intact and surged above $3 and eventually surpassed $5 in mid-april and suffered a plunge.
With certain inbound developments, the token is anticipated to rise. It may trade between $3.5 and $6.5 for several months with an increase in the user base. Swipe might fall around the $1.5 mark if the bears drag the prices for a long time. By the end of 2021, SXP might be exchanged at the $5 to $8 mark.
SXP Price Prediction 2022
SXP might initiate the yearly 2022 at a price of $7.5. The coin may reach a newer heights if it grabs the attention of people and the investors and concentrates on enhancement of its platform. Else it might sink to $5.5 if it does not focus on developments and fail to attract the market. By the end of 2022, Swipe might be traded at the $12 to $15 mark.
Price Prediction For The Next 5 Years
In 5 years, SXP is anticipated to be in the top 100 cryptocurrencies list. Certain partnerships and developments may result in growth of the platform and user base. The price may grow more, if the market focuses on investing in SXP. Swipe may decline to $7.5 if it faces many hurdles in the space. By the end of 5 years the Swipe coin might trade around the $20 mark.
Market Prediction For Swipe
According to CoinArbitrage, Swipe’s price could be $1.85714 at the end of 2021. In the next three years, Swipe could reach as high as $13.2903 and as low as $1.14771.
According to Digitalcoinprice, Swipe’s price would trade at $7.15 and might reach $14.04 at the end of 2025.
WalletInvestor predicts that Swipe could go up from $4.76 to $6.755 in the coming year and would reach $12.582 by 2025.
Our SXP Price Prediction
Swipe Price could reach a newer heights if the bears fail to hold the market for the longer period. Some collaborations with certain projects might lead to the growth of price as well as the market capitalization. SXP might drop to as low as $4.5 if it comes across certain turbulences. At the end of 2021, SXP Price might be exchanged at $11 and could reach $30 in the future.
Historical market Sentiments
SXP entered the crypto sphere on 27 August 2019 with a price of $0.24 according to Coinmarketcap. Significantly, the price started to rise and hit the $1.35 mark by the end of September. Effectively, the price surged to $2.12 at the end of October and shockingly sank to $1.09 by early November. With certain variations, SXP managed to be in the stable level and traded at a price between $1.12 and $1.33 throughout November. Swipe coin traded at a price of $1.07 in December to end the year 2019.
With a steady recovery, the token continued to trade at $1.32 during the start of January 2020. Later the price started to vary and dramatically the coin swelled to $2.00 by the end of January as the bulls pulled over the market and further failed to be in the resistance level by plunging to $0.91 at the end of February.
Later, the token started to decline as the bears were held into dragging the prices. As a result SXP dropped to $0.17 desperately by the mid March and further started to variate. Tremendously, the bears held the market for a longer time and the coin traded between $0.35 and $0.62 till the mid July.
Effectively, the bulls started to pour the prices up and the Swipe started to grow after. The token reclaimed its resistance level by hitting $2.11 and failed to be stable as it plunged further to $1.55 by the end of July. Interestingly, the Swipe token drastically surged to $5.02 by mid August to hit an All Time High by breaking the previous price records. Later with certain price swings, SXP declined to $2.98 by the end of August.
Further the price consistently started to fall due to the massive supply pressure and token traded at the range between $0.74 and $1.72 until early November. The altcoin recovered to $1.16 by the end of November due to the expansion of Bitcoin’s price rally. However the coin failed to maintain the momentum, and the price dropped to $0.65 by the end of December 2020.
Swipe’s wallet is completely safe and secure for the transactions.
Yes, Swipe is an ERC-20 token as it works on the Ethereum blockchain.
Swipe can be mined as it runs on the Ethereum blockchain.
Swipe SXP allows its users to make international transactions.